The Institute of Management Accountants has released a new report explaining how accountants can improve their organization’s costing models, tools and information to support better decision making.

The healthcare financial environment was already complex, with changing payer requirements and mergers and acquisitions taking place. Then COVID turned healthcare organizations’ finances upside down.

Labor costing systems are methods of resource allocation to both pay employees and ensure a business achieves the highest profit possible from wages paid. A labor costing system can use process cost ...

Small-business owners have many options when choosing a manufacturing accounting system. While some systems are more suited for internal decision making, others are made for external financial ...

Do these two questions sound familiar? “What makes a good hospital or medical group cost accounting implementation?” and “What is important to know when one embarks in a hospital or medical group cost ...

The economy is always a hot topic, whether it’s a boom or a bust. While it moves in cycles, there are ways to help your company thrive amid the fluctuation. One of those, Justin Springer said, is an ...

The industry buzzword “rightsizing” has largely been associated with a focus on shrinking equipment fleets, yet one area that is regularly overlooked and arguably just as important to consider is the ...

Transportation Costing Group (TCG) announces an upgrade to the LTL Cost Information System, the less-than-truckload application of TCG's motor carrier Transportation Costing Group (TCG) announces an ...

Activity-based costing (ABC) is a method of assigning costs to products or services based on the resources that they consume. Its aim, The Economist once wrote, is “to change the way in which costs ...

HOUSTON, June 9 /PRNewswire/ -- With a strong track record among major North American based corporations, Acorn Systems' leading profit improvement and Activity Based Costing solutions are now ...

The request I receive most from contractors is "tell me how to job cost." Why don't they ask me to do something simple, you know, like solving world hunger. Job costing systems are very, very ...